A Study On The Crisis Of Private Lending From The Perspective Of Marxism Economics

The American subprime crisis and the outbreak of European debt crisis have serious impact on the world economy.It is in this context that China's edition crisis,namely the private lending crisis is staged again.It is an excessive expansion of virtual capital due to the" crazy" lending,which leads to the" loan crisis" of the fracture and the boss running.The private lending crisis spread widely,after the outbreak in Wenzhou in Zhejiang province,then in Ordos,Karisuma,western Hunan,Yulin and other places continued to be staged.And involving more personnel,involving huge amount,immeasurable loss,far-reaching impact,is the largest private lending crisis in more than 30 years of reform and opening up.At present,China is in the critical period of reform and transformation,in the situation of new normal,how to accurately grasp the basic root and underlying causes of the crisis of private lending crisis?This paper aims to interpret this crisis of private lending from the perspective of Marxist economic theory,using the theory of Marxist economic crisis,and the causes and mechanism of the reality.The private lending crisis in this round is essentially a financial crisis,the main source of the outbreak is the relative surplus or insufficient effective demand.Therefore,it is proposed to deepen the reform of financial supply chain,accelerate the transformation and upgrading of traditional industries,accelerate the development of multi-level capital market,and implement the innovation drive development strategy,etc.This helps the central government and local governments to make macroeconomic policies more effectively,so that the prevention and response to the private lending crisis is more significant.In view of the important exposition of Marxist classical writers on capitalist mode of production and its economic operation,this analysis method in a sense responds to the modernization and sinicization of Marxist economic theory,has far-reaching realistic and theoretical significance.